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PENGU to USDT Converter
1 PENGU = 0.00745385 USDT · updated 06:21 UTC
Volume Bubbles Chart (1h)
Each 1-hour candle's volume is signed by its direction (up candles count as net buying, down candles as net selling) and drawn as a bubble at the closing price, green for buying and red for selling. Bubble size and colour intensity show how strong that flow is compared with the last 300 candles: the strongest 30% get full bubbles with their USD value, the rest stay as small dots. Unusually large bubbles flag aggressive buying or selling worth a closer look, often near breakouts, reversals or key levels.Seasonal Chart
Plots one line per calendar year showing the % change since the start of that year, with the current year highlighted against up to four previous years. Lining the years up on the same calendar shows whether the price tends to rise or fall in the same months, helping you spot recurring seasonal patterns. Treat it as context rather than a forecast: past seasonality does not guarantee future moves.Pudgy Penguins Markets
Pudgy Penguins Historical Data
About Pudgy Penguins (PENGU)
Pudgy Penguins (PENGU) is a memecoin on Solana. It is linked to Pudgy Penguins, a brand that began as cartoon penguin NFTs on Ethereum in 2021. PENGU launched on December 17, 2024. Its value rests mostly on the brand, its community and market mood, not on a protocol that earns fees. PENGU's price on this page is calculated by FMchart as a composite of trading on several big exchanges, in dollars.
From NFT collection to toy brand
The original Pudgy Penguins NFTs went on sale in 2021. In April 2022, entrepreneur Luca Netz bought the project, and it is now run by his company, Igloo Inc. Under new ownership, the brand moved into physical toys and other consumer products. PENGU is a separate token. Holding it is not the same as owning shares in Igloo, and it does not give a claim on the company's revenue.
How the airdrop worked
PENGU has a maximum (initial) supply of 88.88 billion tokens. Decrypt's breakdown of the project's graphic puts the Pudgy Penguins community share at about 25.9%, with 24.12% for holders in other crypto communities. Owners of the main Pudgy Penguins NFTs could claim the largest individual amounts. Another 3% went to Binance's HODLer program. Decrypt reported that tokens left unclaimed after the claim window would be burned. Owners of Lil Pudgys and Pudgy Rods also received allocations, with amounts that varied by collection and rarity.
Insider and company allocations
Not all PENGU went to the public. According to Decrypt's estimates, the team received 17.8% and the company 11.48%, both with a one-year cliff followed by three-year vesting. Liquidity pools received 12.35%. Under that schedule, insider tokens can enter circulation gradually after the cliff, adding to supply. Sales by large holders can move the price sharply because memecoin demand is fickle.
Abstract and an ETF filing
Igloo also built Abstract, an Ethereum layer-2 network for consumer apps, and PENGU was planned to expand there and to Ethereum. In March 2025, Canary Capital filed with the SEC to register a PENGU ETF, a proposed fund that would hold PENGU tokens and Pudgy Penguins NFTs. Cboe BZX later asked the SEC to approve listing the fund. SEC records show that the listing proposal was withdrawn on January 23, 2026. A filing alone never guarantees that a fund will trade.
Why PENGU is high risk
Memecoins can rise and fall very quickly. Nothing like fee revenue or profits supports PENGU. Attention, brand news and trading by large holders drive its price instead. Vesting releases add supply over time. A popular toy line or social media following does not guarantee demand for the token. Past rallies say nothing about future moves.
Last reviewed: Oct 8, 2026
Pudgy Penguins (PENGU) FAQ
What is Pudgy Penguins (PENGU)?
PENGU is a Solana memecoin tied to the Pudgy Penguins brand, which started as an NFT collection on Ethereum in 2021. The token launched on December 17, 2024, with a maximum (initial) supply of 88.88 billion. It does not earn fees or represent a share in the company behind the brand, so its price rests mainly on community interest.
Who is behind PENGU?
PENGU was launched by Igloo Inc., the parent company of Pudgy Penguins, which is led by Luca Netz. Netz bought the Pudgy Penguins project in April 2022 and expanded it into toys and consumer products. Igloo also built Abstract, an Ethereum layer-2 network where PENGU was planned to expand.
Is PENGU a memecoin?
Yes. PENGU is a community and brand token without a protocol, fee income or cash flow behind it. Its value depends on interest in the Pudgy Penguins brand, social media attention and market sentiment. That makes it more speculative than tokens tied to networks or apps that generate revenue.
What is PENGU's price right now?
PENGU is priced at about $0.0074 right now on FMchart's composite, calculated from trading on several big exchanges. In the last 24 hours, about $6.14M in PENGU changed hands across the exchanges in FMchart's composite. Memecoin prices move fast, so an exchange's own quote may differ slightly from this one.
How many PENGU tokens are there?
About 62,860,396,090 PENGU circulate, out of a maximum of 88.88 billion. Team and company tokens vest over time, so circulation can keep climbing. At today's price, circulating PENGU is worth about $467.8M, and the token ranks 119 among cryptocurrencies. Decrypt reported that unclaimed airdrop tokens would be burned.
What is the PENGU all-time high?
PENGU's all-time high is $0.0684, logged on Dec 17, 2024. As a young memecoin, it has made very large moves over short periods. A previous high tells you nothing about where PENGU heads next. Price Statistics also shows the all-time low and how far today's price is from each.
How volatile has PENGU been month to month?
In FMchart's composite price history (since January 2025), PENGU's best month came in July 2025 (+128.8%) and its worst in November 2025 (-40.8%). The Monthly Returns (USD) table shows how widely the other months varied, and Annual Price (USD) Change adds yearly totals. Big swings are normal for memecoins and say nothing about what follows.
What is Abstract, and how is it linked to PENGU?
Abstract is an Ethereum layer-2 network built by Igloo Inc., the company behind Pudgy Penguins, and aimed at consumer apps. When PENGU launched on Solana in December 2024, the project planned to expand the token to Ethereum and to Abstract over time. Abstract and PENGU are separate products from the same company.
Is PENGU a good investment?
FMchart does not give investment advice. PENGU is linked to the Pudgy Penguins brand, but nothing like fees or profits backs it, and its price depends on sentiment. Team and company tokens vest over time, adding supply. Losses in memecoins can be large and fast, and PENGU has been very volatile.
What drives the price of PENGU?
PENGU usually follows the wider memecoin and Solana markets. Other factors include news about the Pudgy Penguins brand and Igloo, exchange listings, vesting releases, regulatory news, and trading by large holders. Social media attention can move the price sharply in either direction.